July 7, 2025
1 min read

US Tariffs Pushed to August Amid Talks

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent….reports Asian Lite News

US President Donald Trump’s country-specific tariffs are now scheduled to take effect from August 1, offering a temporary reprieve as trade talks intensified with several countries, including India.

Earlier, the US tariffs were set to take effect from July 9.

Commerce Secretary Howard Lutnick announced the tariff reprieve on Sunday (US time) while speaking to the media. He noted that President Trump was “setting the rates and the deals right now”.

Trump told reporters that “I think we’ll have most countries wrapped up by July 9, either through letters or finalised agreements”, adding that notification letters warning of upcoming tariff hikes would begin going out from Monday (US time), with more expected to follow on Tuesday.

Trump said that sending notices would be much easier than “sitting down and working 15 different things…this is what you have to pay, if you want to do business with the United States.”

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent.

The US has announced trade deals with the United Kingdom and Vietnam so far, with some more trade deals apparently in the pipeline.

“President Trump’s going to be sending letters to some of our trading partners saying that if you don’t move things along, then on August 1 you will boomerang back to your April 2 tariff level. So I think we’re going to see a lot of deals very quickly,” US Treasury Secretary Scott Bessent told CNN.

India’s high-level official delegation led by chief negotiator Rajesh Agrawal has returned from Washington after the trade talks with US officials without reaching a final agreement on the sensitive issue of trade in agricultural and dairy products that the US is pushing for.

Meanwhile, Trump has announced that an additional 10 per cent tariff will be imposed on countries that “align themselves with the anti-American policies of BRICS”.

Previous Story

Indonesia Joins BRICS Bloc

Next Story

BRICS Slams US Tariff Hikes

Latest from -Top News

Hurricane Melissa leaves Caribbean in chaos

Hurricane Melissa leaves a trail of destruction across the Caribbean, claiming lives, wiping out homes, crippling infrastructure and triggering urgent global relief efforts amid rising humanitarian needs…reports Asian Lite News The Caribbean

Sharjah sets sail for London

At World Travel Market (WTM) London 2025, Sharjah is set to highlight both its deep-rooted cultural identity and forward-looking tourism strategy, demonstrating the emirate’s growing influence in global travel and destination marketing…reports

DP World to pump $5bn into India

DP World’s $5bn pledge strengthens India’s maritime future, powering green shipping, ship-repair capacity, talent growth and next-gen freight tech while deepening the nation’s global trade role…reports Asian Lite News DP World has

UAE mega-aid ship docks in Egypt

The shipment, one of the largest single consignments dispatched as part of the UAE’s air and sea bridge, includes essential food items…reports Asian Lite News A UAE humanitarian vessel carrying more than

Arab bloc hails UAE’s efforts in Gaza

Arab Parliament lauds UAE’s major aid efforts in Gaza and urges unified global backing for reconstruction, Palestinian statehood and a lasting peace grounded in the Two-State framework…reports Asian Lite News The Speaker
Go toTop

Don't Miss

B-1B bomber returns to S. Korea as North fires missile

The drills took place in skies over the Korean Peninsula

US deploys more than 3K sailors, Marines to Middle East

The forces from the Bataan Amphibious Ready Group (ARG) and